Treasury Bills

November 13, 1985|By Deanne Brandon

ABOUT THE SAME. Yields on three-month Treasury securities were unchanged, while rates dipped slightly for six-month bills in Tuesday's auction. The Treasury sold $6.7 billion in three-month bills at an average discount rate of 7.21 percent, the same as last week, and $6.7 billion in six-month bills at an average discount rate of 7.23 percent, down from 7.3 percent. The rates understate the actual return to investors -- 7.45 percent for three-month bills, 7.61 percent for six-month bills.